Disney’sThe Lion Kingis joining the billion dollar club. No, not thatLion King. The new one. Indeed, directorJon Favreau’s “live-action” remake of Disney’s critically acclaimed 1994 animated film is crossing $1 billion at the worldwide box office as of today, making it the sixth live-action Disney film ever to hit this milestone. It’s the second Disney Live Action film of 2019 to cross $1 billion after the live-action remake ofAladdin, and it now joinsBeauty and the Beast,Alice in Wonderland,Pirates of the Caribbean: Dead Man’s Chest, andPirates of the Caribbean: On Stranger Tidesas the only live-action Disney movies to cross $1 billion (note: I didn’t say this was a barometer of quality).

Clearly Disney’s new trend of mining its classic properties for live-action updates is working, and the success ofThe Lion King—despite mixed and some downright negative reviews—solidifies this as the way forward for the Mouse House as far as live-action films are concerned. So don’t expect the live-action trend to conclude after next year’sMulan, as updates of films likeSnow White,Peter Pan, andThe Little Mermaidareall already deep in development.

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The 2019Lion King’s box office performance has now surpassed the lifetime gross of the 2D animated film, which hit $968.4 million worldwide. Adjusted for inflation the 1994Lion Kingis still top dog, but Disney’s new version is showing no signs of slowing down—it picked up a whopping $76 million in its second weekend of release.

As is the case with most blockbusters these days,The Lion King’s box office is being driven by a strong international performance. The film has now grossed $638.5 million internationally, versus a still-impressive $360.9 million domestic.

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Speaking of, domesticallyThe Lion King2019 has already outperformed the domestic totals ofAlice in Wonderland2010,Aladdin2019, andThe Jungle Book2016.Beauty and the Beast2017 is currently Disney’s highest-performing live-action remake domestically with a total of $504 million, but that number doesn’t seem wholly out of reach forThe Lion King, especially with no other family films scheduled for release until mid-August.

So yeah,The Lion King2019 is huge. Like it or not, these Disney live-action remakes aren’t going anywhere.

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